Milestone Investment Advisors LLC Has $374,000 Stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Milestone Investment Advisors LLC raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,491 shares of the company’s stock after purchasing an additional 499 shares during the quarter. Milestone Investment Advisors LLC owned 0.06% of iShares Short Maturity Municipal Bond Active ETF worth $374,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MEAR. Rockwood Wealth Management LLC lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 69.7% in the fourth quarter. Rockwood Wealth Management LLC now owns 1,615,967 shares of the company’s stock valued at $80,782,000 after purchasing an additional 663,979 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Short Maturity Municipal Bond Active ETF by 302.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,392,166 shares of the company’s stock valued at $70,047,000 after buying an additional 1,046,053 shares during the last quarter. Foster Group Inc. lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 5.9% during the 4th quarter. Foster Group Inc. now owns 513,551 shares of the company’s stock valued at $25,652,000 after acquiring an additional 28,802 shares in the last quarter. Ullmann Wealth Partners Group LLC lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 3.0% during the 4th quarter. Ullmann Wealth Partners Group LLC now owns 347,628 shares of the company’s stock valued at $17,364,000 after acquiring an additional 9,965 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 3.7% in the 4th quarter. LPL Financial LLC now owns 334,648 shares of the company’s stock worth $16,716,000 after acquiring an additional 11,789 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

MEAR opened at $50.12 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.88 and a fifty-two week high of $51.10. The company’s 50-day moving average is $50.18 and its 200 day moving average is $50.15.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1301 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

About iShares Short Maturity Municipal Bond Active ETF

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.